Kosovo’s Prime Minister, Albin Kurti, addressed the Assembly today regarding the 2025 draft budget, which is expected to be voted on later in the day.
He noted that he is the first prime minister to present a fourth budget within a single term.
“The 2025 budget is projected to be €3.6 billion—about 9% higher than the 2024 budget or 60% higher than the 2020 budget. To reach this point, we navigated many global and internal challenges over the past four years. But unlike those before us, we ensured the budget was directed where returns are highest: to our citizens. By doing this year after year, the budget grew without any changes to tax policies, as investing in our citizens consistently yielded sustainable growth. The 2025 budget is the fourth we’ve presented as a government in this term, with all approvals and presentations conducted according to the rules set by the Public Financial Management Law,” said Kurti.
“The budget for salaries and allowances is 13.85% higher than in 2024, or €111.5 million more; the budget for goods and services, including municipal services, is 3.2% higher than in 2024; the budget for subsidies and transfers is 8.75% higher than in 2024, which includes new measures for pensions, child allowances, economic recovery, and more; the budget for capital investments is 8.3% higher than in 2024,” Kurti added.
Kurti also highlighted that Kosovo’s Gross Domestic Product (GDP) has grown to a point where, for the first time, it will exceed €10 billion this year.
“Next year, it is expected to go beyond €11 billion,” he said.
“This year, we will have a GDP nearly seven times higher than in the year 2000, which was the first year after liberation, almost three times higher than in 2008, the year of independence, and nearly 50% higher than in 2019, the last year before the pandemic,” Kurti stated.
